Miami Beach, FL 33139 945 Michigan Ave 5

945 Michigan Ave 5 Miami Beach, FL - Image 1945 Michigan Ave 5 Miami Beach, FL - Image 2945 Michigan Ave 5 Miami Beach, FL - Image 3
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945 Michigan Ave 5 Miami Beach, FL - Image 4945 Michigan Ave 5 Miami Beach, FL - Image 5
Presented By: This listing is courtesy of VantaSure Realty LLC
  • MLS# A12029487
  • 06/02/2026
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  • Beds • 2
  • Baths • 2
  • SQFT • 976
  • Garage • 1

Home Details

Amazing Opportunity in Miami Beach!Why should I buy this condo? Rare chance to own one of the best values currently available in the area. Built in 2007, this newer boutique building offers features that are difficult to find at this price point.Association requirements are buyer-friendly with no minimum credit score requirement, no income verification requirement, and no minimum down payment requirement imposed by the association. Unlike many buildings in the area, you don't need a large down payment to buy. Qualified buyers may finance with as little as 3%-5% down, potentially saving tens of thousands of dollars compared to condos requiring 20%-25% or more down. Many condos in the same price range are located in much older buildings dating back to the 1950s, while this property combines modern construction with extensive recent building improvements. The building features assigned indoor parking, two beautiful rooftop terraces, impact windows and doors, and has recently completed major upgrades including building recertification/inspection, concrete restoration work, new roof, and a complete interior and exterior repainting. Inside, the unit has been updated with brand-new flooring in both bedrooms, a new A/C unit, and includes a washer, dryer, dishwasher, and more. Spacious layout, modern construction, and a prime Miami Beach location make this an exceptional value ! Schedule your showing today.
Presented By: This listing is courtesy of VantaSure Realty LLC

Interior Features for 945 Michigan Ave 5

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
FlooringHardwood, Tile, Wood
Heating Y/NYes
Interior AmenitiesOther, Elevator
Total Stories4
Window FeaturesSliding, Impact Glass

Other Rooms

Entry Level3

General for 945 Michigan Ave 5

AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Architectural StyleNone
Assoc Fee Paid PerMonthly
Association AmenitiesElevator(s)
Association Fee IncludesInsurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Roof, Sewer, Trash, Water
Attached Garage Yes
CityMiami Beach
Construction MaterialsBlock
CoolingElectric
CountyMiami-Dade
DisclosuresSpecial Assessment
Entry Location3
Expected Active Date 2026-06-12
Full Baths2
Garage Spaces1
Garage Y/NYes
HOA Fee$1456
HeatingElectric
High SchoolMiami Beach
Lease Considered Y/NYes
Legal DescriptionTHE TERRACE CONDO UNIT 5 UNDIV 975.85/7232.26 INT IN COMMON ELEMENTS OFF REC 26092-2051
Listing TermsCash, Conventional, Cryptocurrency
Lot Size UnitsSquare Feet
MLS Area42
Middle/Junior High SchoolNautilus
Occupancy TypeTenant
Patio/Porch FeaturesBalcony, Open
Pets AllowedYes
PossessionClose Of Escrow
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsOkToLease
Security FeaturesSecured Garage/Parking, Phone Entry, Smoke Detector(s)
Senior Community Y/NNo
Standard StatusComing Soon
StatusComing Soon
Subdivision NameTHE TERRACE CONDO
Tax Annual Amount6685
Tax Year2025
Total Rooms0
Unit Number5
ViewGarden
Year Built2007
Year Built DetailsResale

Exterior for 945 Michigan Ave 5

Building Area Total976
Covered Spaces1
Exterior AmenitiesBalcony, Security/High Impact Doors
Parking FeaturesAttached, Underground, Garage, One Space, Garage Door Opener
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Miami Beach High School

Larry Castellano

Realtor®
Price $599,000
MLS#A12029487
List Date 06/02/2026
Property Type Condos
Phone 786.560.9943
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